The House Inc
The House Inc shows consistent financial growth and zero reported officer compensation over a decade.
EIN: 202947568 · Woodbridge, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $4.5M |
| Program Spending | 90% |
| Net Assets | $1.4M |
| Transparency Score | 95/100 |
Is The House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The House Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The House Inc
The House Inc (EIN: 202947568) is a nonprofit organization based in Woodbridge, VA. The organization reported total revenue of $3.9M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The House Inc is a mid-size nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-140,789 |
| Total Assets | $1.6M |
| Total Liabilities | $201K |
| Net Assets | $1.4M |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 12.3% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2022, The House Inc reported a deficit of $141K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 12.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), The House Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -0.5% | +11.3% | -8.2% |
| 2021 | +52.9% | +51.4% | +14.6% |
| 2020 | +36.1% | +34.9% | +37.9% |
| 2019 | -10.6% | +2.5% | +3.7% |
| 2018 | +14.0% | -2.5% | +53.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The House Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, The House Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $141K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.3%.
Executive Compensation Analysis
The House Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual and suggests a strong volunteer-driven leadership or that compensation is reported under other expense categories, though the 0% figure is a notable positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The House Inc's IRS 990 filings:
- NTEE Code Unknown (limits detailed programmatic comparison)
- Slight expense over revenue in latest filing (2022: Expenses $4,462,678 vs Revenue $4,321,889)
Strengths
The following positive indicators were identified for The House Inc:
- Consistent revenue growth over a decade (from $1.5M in 2013 to $4.3M in 2022)
- 0% reported officer compensation across all filings
- Healthy asset growth and strong financial reserves (Assets $1,641,047 in 2022)
- Low liabilities relative to assets ($201,121 liabilities vs $1,641,047 assets in 2022)
- Long history of IRS 990 filings (12 periods) indicating transparency
Frequently Asked Questions about The House Inc
Is The House Inc a legitimate charity?
The House Inc (EIN: 202947568) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 95/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.9M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does The House Inc spend its money?
The House Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The House Inc tax-deductible?
The House Inc is registered as a tax-exempt nonprofit (EIN: 202947568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The House Inc's spending goes to programs?
The House Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The House Inc located?
The House Inc is headquartered in Woodbridge, Virginia and files with the IRS under EIN 202947568.
How many years of IRS 990 filings does The House Inc have?
The House Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.9M in total revenue.
Is The House Inc a good charity?
Based on its financial data, The House Inc appears to be a very good charity. It demonstrates consistent financial growth, maintains healthy asset levels, and notably reports 0% officer compensation, suggesting a high dedication of resources to its mission.
How has The House Inc's revenue grown over time?
The House Inc has shown significant revenue growth, increasing from $1,548,284 in 2013 to $4,321,889 in 2022, representing an almost threefold increase over the decade.
What is the organization's financial stability?
The organization exhibits strong financial stability, with assets consistently growing (from $435,817 in 2013 to $1,641,047 in 2022) and liabilities remaining relatively low compared to assets, indicating a healthy balance sheet.
Does The House Inc spend efficiently?
Yes, The House Inc appears to spend very efficiently, particularly given the consistent reporting of 0% officer compensation, which suggests a minimal allocation of funds to executive salaries and a strong focus on program delivery.
Filing History
IRS 990 filing history for The House Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), The House Inc's revenue has grown by 298.4%, moving from $1.1M to $4.3M. Total assets increased by 291% over the same period, from $420K to $1.6M. Total functional expenses rose by 331.3%, from $1.0M to $4.5M. In its most recent filing year (2022), The House Inc reported a deficit of $141K, with expenses exceeding revenue. The organization holds $201K in liabilities against $1.6M in assets (debt-to-asset ratio: 12.3%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4.3M | $4.5M | $1.6M | $201K | — | View 990 |
| 2021 | $4.3M | $4.0M | $1.8M | $231K | — | — |
| 2020 | $2.8M | $2.6M | $1.6M | $336K | — | — |
| 2019 | $2.1M | $2.0M | $1.1M | $100K | — | View 990 |
| 2018 | $2.3M | $1.9M | $1.1M | $147K | — | View 990 |
| 2017 | $2.0M | $2.0M | $711K | $186K | — | View 990 |
| 2016 | $2.0M | $1.8M | $923K | $231K | — | View 990 |
| 2015 | $1.8M | $1.7M | $762K | $180K | — | View 990 |
| 2014 | $1.7M | $1.7M | $588K | $143K | — | View 990 |
| 2013 | $1.5M | $1.5M | $436K | $29K | — | View 990 |
| 2012 | $1.3M | $1.3M | $444K | $10K | — | View 990 |
| 2011 | $1.1M | $1.0M | $420K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $4.3M, expenses of $4.5M, and assets of $1.6M (revenue -0.5% year-over-year).
- 2021: Revenue of $4.3M, expenses of $4.0M, and assets of $1.8M (revenue +52.9% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.6M, and assets of $1.6M (revenue +36.1% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $1.1M (revenue -10.6% year-over-year).
- 2018: Revenue of $2.3M, expenses of $1.9M, and assets of $1.1M (revenue +14.0% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.0M, and assets of $711K (revenue +4.8% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.8M, and assets of $923K (revenue +6.9% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $762K (revenue +8.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $588K (revenue +9.2% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $436K (revenue +18.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $444K (revenue +20.7% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.0M, and assets of $420K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The House Inc:
Data Sources and Methodology
This transparency report for The House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.